Simon_says

XAUUSD 1D

לונג
Simon_says מעודכן   
FX:XAUUSD   זהב / דולר אמריקאי
Came up with very interesting pattern

We are in I -> J move
עסקה פעילה
עסקה פעילה
עסקה פעילה:
Despite price moving down today, trade is still active. Correction was expected.

Upward move stopped at 0.7 fibo, vigorous move through the EMA indicates more upward pressure in the near future.
עסקה פעילה
עסקה פעילה
עסקה פעילה:
UK elections will take place on June 8th while
FOMC meeting will take place on 13-14th June.

Expect price of XAUUSD move down around these dates.
עסקה פעילה
עסקה פעילה:
From my perception interest rates will not go up next month.
That will be another reason for XAUUSD to move down.
עסקה פעילה
הערה:
If I'm wrong and FED will increase interest rates next moenth then my analysis based on fractals may be doomed.

"June rate rise odds jump to 94% after Fed meeting"
www.ft.com/content/7...ff-9eb1-9b1680a1f870
עסקה פעילה:
Price reached 1278$/oz!

I will close my longs today!

Next week UK have snap elections, have a good weekend everyone!
הערה:
Very interesting chart representing "Gold bull market 1970s vs. 2000s
Some patterns are preserved in both cycles, according to this plot we have ~2 years before gold will reach new peak.

www.zerohedge.com/ne...c-ignorance-buy-gold
עסקה פעילה
הערה:
Seems like my plot is not valid anymore!

Please watch FX Empire:
www.youtube.com/watch?v=Sr_N6Fir...
הערה:
Seems like it could be false outbreak.

There is still a chance for XAUUSD to move down.
הערה:
Someone Just Dumped $4 Billion Of Gold Futures

www.zerohedge.com/ne...head-comey-testimony
עסקה פעילה:
Elliott's waves still in game, false outbreak confirmed.

FOMC meeting takes place next week and may cause XAU to move down even more!
עסקה פעילה
עסקה פעילה:
Can't believe this plot is still active, it's already 1 month as I posted it.

Price action of XAUSUD is completley illogical for me!
I would expect gold to move up since interest rates have been hiked.

Gold follows a pattern, which means there are computers and algorithms trading and making profits.

Let's wait another few weeks and find out is my plot going to be still active.
עסקה פעילה
הערה:
Timing may be a bit skewed.
As we are in J -> A it seems line line should be a bit more horizontal.
Except of that my plot is still active.
עסקה פעילה
עסקה פעילה
הערה:
Closed my all shorts

רעיונות קשורים

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.